Prerefunded bond

Refunded bond. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • prerefunded bond — Refunded bond. Bloomberg Financial Dictionary …   Financial and business terms

  • refunded bond — Also called a prerefunded bond, a bond that originally may have been issued as a general obligation or revenue bond but that is now secured by an escrow fund consisting entirely of direct U.S. government obligations that are sufficient for paying …   Financial and business terms

  • Refunded bond — Also called a prerefunded bond, one that originally may have been issued as a general obligation or revenue bond but that is now secured by an escrow fund consisting entirely of direct U.S. government obligations that are sufficient for paying… …   Financial and business terms

  • Refunded Bond — Bonds that have their principle cash amount already held aside by the original issuer of the debt. A subset of the municipal and corporate bond classes, the funds required to pay off refunded bonds are held in escrow until the maturity date,… …   Investment dictionary

  • Рефинансированная облигация — в США облигация, изначально выпущенная как облигация под общие обязательства или доходная облигация, но в настоящий момент обеспеченная фондом эскроу , состоящим исключительно из прямых государственных облигаций США, достаточных для выплат… …   Финансовый словарь

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